Using the 30-day expense tracking worksheet was fairly easy and useful. I did not encounter any challenges with this assignment. It was helpful because it helped me keep track of my expenses for a whole month. During this whole month‚ I was able to notice what most of my money was going towards to. A lot of it was going towards food. Recording my transactions all the time was slightly difficult. There must have been some stuff I purchased that I forgot about. Usually‚ I remembered to record any of
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Assignment 4 Case 7.2 Revenue Recognition Associated with Frequent Flier Miles Continental Airlines: Revenue is deferred and recognized when transportation is provided • Revenue is realized‚ and earned. The carrier has performed its duty‚ the service has been preformed. The amount of the claim is known AMR (American): Revenue is deferred and recognized over the period approximating mileage credits are used • Because there is no actual way of knowing when/if mileage will be used‚ it is not
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Since the beginning of civilization sex has always been seen as a marketable item. Its been used to satisfy the wants and needs of society‚ specifically men. Sex as a commodity has had an impact on the way we think and feel. Regardless of all the sexual commodities‚ prostitution can be argued as the oldest sexual marketable item. Prostitution is defined as promiscuous and mercenary sexual behavior with emotional Indifference between the partners. There isn ’t a more specific definition because
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rules and the policies are a company’s way of adhering to the rules. Revenue Recognition: Revenue recognition determines the accounting period‚ in which revenues and expenses are recognized. General Mills recognize sales revenue when the shipment is accepted by their customer. Sales include shipping and handling charges billed to the customer. We generally do not allow a right of return. However‚ on a limited case-by case basis with prior approval‚ General Mills may allow customers to return
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course: This week you learned about the unearned revenue account. Provide three examples of unearned revenue. Answer: Three examples of unearned revenue would be 1.Prepaid Expense - A year long insurance contract a company paid $12‚000 for at the beginning of the year. Since the insurance company owes the company service‚ the expense prepayment is recorded as an asset Journal Entries: debit Prepaid Insurance and credit Cash). 2. Unearned Revenue - A year long subscription of $12‚000 is received
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Apollo 11 took three astronauts on an extraordinary adventure to the moon. Their primary goal was set by John F. Kennedy to land on the moon and come back to Earth. All three astronauts had went into space before. Neil Armstrong‚ Edwin Buzz Aldrin Jr.‚ and Michael Collins. They where all main parts and important to this mission. The men were sent off in space on July 16‚ 1969 at the Kennedy Space Center in Florida. The place they landed in was the Sea of Tranquility. A camera in the eagle watched
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CHAPTER 18 Revenue Recognition ASSIGNMENT CLASSIFICATION TABLE (BY TOPIC) | | |Brief | | | Concepts | |Topics |Questions |Exercises |Exercises |Problems |for Analysis | |*1. Realization and recognition; sales |1‚ 2‚ 3‚ 4‚ |1‚ 2‚ 3‚ |1‚ 2‚ 3‚ 4‚
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Introduction This assignment features the recognition and measurement of revenue depending on the source of revenue in accordance with the provisions of International Accounting Standards (IAS) 18 Revenue. I researched the topic and defined the special purposes of the assignment: first of all‚ it is important to know the main concepts of IAS 18‚ also to learn the rules by using this particular regulatory framework‚ and to get knowledge about writing the report at all.
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The three astronauts is planing to go the moon with Apollo 13 spaceship in 1970. They are Alan Shepard‚ Fred Haise‚ Ken Mattingly. Apollo trips plan was change at that time because Alan Shepard have a problem with one of his ears and he can’t go on Apollo 13. So Jim Lovell took his place. They have their own responsibility‚ Ken is the command module pilot‚ Fred and Jim are lunar module pilots. The command module is home for astronauts on space and small lunar module use when astronauts down to the
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Python and Apollo Python was born in the filth and muck covering Gaia after the great flood.(Saunders‚Chas‚and Peter J. Allens eds. “Python- The Greek Demon”) This creature is referred to as a giant snake-like dragon demon. keeping him from causing more trouble than he already he was‚ they sent him to guard the oracle at Delphi. The Wife of Zeus‚ Hera‚ had recently learned of Zeus unfaithfulness with Leto. This was nothing new from Zeus so she persuaded Python to exact her revenge.(Saunders‚ Chas
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